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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Loaded Up on ABT Stock Before His DOJ Dropped Criminal Probe
The New Octopus -- The Nightmare by Mark Bryan.

Trump Loaded Up on Abbott Laboratories Stock Before His DOJ Dropped Criminal Probe
Abbott, which donated $500,000 to the presidents inaugural fund, faced an investigation stemming from alleged deadly contamination at one of its baby formula plants in Michigan.
by Jake Johnson
Common Dreams, July 02, 2026
US President Donald Trump last year purchased hundreds of thousands of dollars of Abbott Laboratories stock before his Justice Department dropped a years-long criminal investigation into the company, which was accused of misconduct after infant hospitalizations and deaths were linked to one of its baby formula factories.
The stock purchases were revealed in the presidents annual financial disclosure report, which spans 927 pages and shows thousands of trades valued at over $1 billion. Trumps first purchase of Abbott stock last year was made in late September, and the president bought around $500,000 worth of shares in total in 2025, according to the nonprofit media organization More Perfect Union.
The Wall Street Journal reported on Sunday that top decision makers at the Department of Justice shut down the criminal investigation into Abbottwhich donated $500,000 to Trumps inaugural fundeven though some prosecutors believed they had evidence to criminally charge the company under a law they have used to pursue other businesses for allegedly selling contaminated foods.
Snip...
The Food and Drug Administration received reports of at least nine infant deaths linked to baby formula produced at Abbotts Sturgis plant, which the company temporarily shut down amid fears of dangerous contamination. The Justice Department launched its investigation into Abbott, the largest infant formula manufacturer in the US, in 2023, under the administration of former President Joe Biden.
Continues...
https://www.commondreams.org/news/trump-abbott-laboratories
Traitor may be a stupid turd, but he sure knows how to transform "public service" into a self-service all you can grift smorgasbord of crime.
underpants
(197,920 posts)William Seger
(12,581 posts)Kid Berwyn
(25,574 posts)Passages
(4,648 posts)Kid Berwyn
(25,574 posts)highplainsdem
(63,808 posts)Kid Berwyn
(25,574 posts)Still, he's done much harm to the Constitution and caused great injury to We the People.
Tracking Trumps Attacks: Justice Under Siege
https://demandjustice.org/priorities/justice-under-siege/
AZJonnie
(4,235 posts)Mainly for the exposure. If accurate this a really bad one for Trump because it involves babies dying. If there's one thing that pretty much everyone agrees with, it's that when giant corporations cause the death of infants due to greed and/or negligence, it pisses people off.
But also for more personal reasons insofar as I want to share it widely on social media, however, I've been burned by putting too much trust in a Common Dreams-sourced story. Don't get me wrong, I like them, but won't trumpet out their reporting unless I get confirmation from larger sources
sop
(19,967 posts)The level of corruption reported in this story just takes your breath away. A huge payoff to Trump so his DOJ will drop an investigation involving dead babies, then he personally cashes in on the stock. It just doesn't get any more blatant.
Kid Berwyn
(25,574 posts)True, no organization is perfect. However, the resources the few members of Corporate McPravda (CIABCNNBCBSNYTWaPoFauxNewsNutworks) have at their disposal dwarfs what Common Dreams can raise. The rest of the nation's news media should follow their example.
harumph
(3,552 posts)He's more like a stone fish.
https://oceanconservancy.org/blog/2020/01/22/stonefish/
Kid Berwyn
(25,574 posts)My own personal comfort invertebrate is the Cuttlefish.
.webp
Background for those new to the subject:
Experiment reveals cuttlefish have a 'sophisticated brain'
https://www.bbc.co.uk/newsround/51392291
No backbone, but plenty of computing power and the ability to camouflage one's self into the background.
bif
(27,425 posts)Shame on Congress.
Justice matters.
(10,251 posts)Vote Blue For The Blue Tsunami!
Spread all the swampy pedo's blatant corruption around, and mostly to the Blue candidates!
Kid Berwyn
(25,574 posts)Speaker Mike Johnson told a conservative audience, "If we lose the midterms... these Democrats... will turn every committee of Congress into an investigative body, and they'll go after the president's family, the Cabinet, his donors, friends... I run the protection program. I'll take care of you, OK?"
They sound scared, Brother.
LudwigPastorius
(15,299 posts)...and if it's not a coincidence, then it's an "unofficial act" that comes with presumed immunity thanks to the SCROTUS (Supreme Court Republicans Of The United States), see?
Initech
(109,717 posts)Ponietz
(4,663 posts)There are many Generals thinking the same. If Republicans rig midterms does the military do nothing? Shithole and Republicans have toppled this country its 3rd world now.
sop
(19,967 posts)Also being reported: "Trump bought up to $5 million worth of stock in the corporation that makes Taser electroshock guns, police body cameras, and policing software two weeks before his administration announced the solicitation of a $220 million contract apparently tailored to the companys product and services, CNBC revealed Monday."
"CNBCs Luke Falcon reported that Trump disclosed the purchase of between $1-5 million in Axon Enterprise stock on February 10. Two weeks later, US Immigration and Customs Enforcement (ICE) announced it was seeking a five-year, $220 million deal for 17,800 conductive energy weapons, unlimited cartridges, and support services."
https://www.commondreams.org/news/axon-stock-trump
FakeNoose
(43,166 posts)
Ilsa
(64,775 posts)the following: "And those of you with huge ownership in companies selling food and drugs for infants, you don't have to worry any longer about lawsuits for poisoning and killing infants and children! We've given you a pass and clear way forward to hold you harmless for taking whatever shortcuts keep your profits higher!"
I hate these guys.
BradBo
(1,088 posts)malaise
(299,822 posts)Rec